UNITED STATES

Obama rights record questioned ahead of Nobel prize

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Two leading international human rights groups gave U.S. President Barack Obama mixed reviews on his human rights record on Wednesday, a day before he is slated to accept the 2009 Nobel Peace Prize in Oslo.

U.S. wholesale inventories rise in October

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U.S. wholesale inventories unexpectedly rose in October for the first time in more than a year, suggesting the economy could get a lift as a long-running effort by businesses to pare stocks reaches an end.
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Iran says former deputy defence minister held by U.S.

Iran believes the United States is holding a former deputy defence minister who disappeared in 2007 and 10 other Iranian nationals, according to a list carried by the semi-official Mehr news agency on Wednesday.
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China urges U.S. to increase Copenhagen offer

China said on Wednesday it wanted the United States to offer sharper carbon cuts by 2020, and President Barack Obama's top aides promised robust engagement with world leaders at Copenhagen climate talks.
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Wall Street falters on semiconductor outlook

Stocks dipped on Wednesday as an unexpected rise in wholesale inventories was offset by an outlook from Texas Instruments Inc that suggested the recovery in technology spending would be sluggish.
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AT&T to pass 2 mln U-Verse users today

AT&T Inc expects to pass 2 million customers for its U-Verse video service today, Ralph de la Vega, the company's head of its wireless business and consumer markets, said on Wednesday.
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U.S. panel sees higher skin risk with some MRI drugs

U.S. advisers felt MRI imaging drugs from GE Healthcare and Covidien appear to carry a higher risk of a serious skin disease in some patients than similar products, a Food and Drug Administration official said on Tuesday.
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Myanmar junta calls detained Suu Kyi dishonest

Myanmar's detained opposition leader, Aung San Suu Kyi, has been insincere and dishonest in her offer to meet the country's military ruler and push for the lifting of Western sanctions, state media said on Wednesday.
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Gates says pieces coming together for Afghan success

Secretary of Defence Robert Gates visited U.S. commanders in Afghanistan on Wednesday, promising that President Barack Obama's surge of extra forces would give them what they need for success against the Taliban.
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Peas, Kings of Leon top iTunes best sellers of 2009

Apple's iTunes on Tuesday released Rewind 2009, its lists of the year's best and best-selling media. Black Eyed Peas' Boom Boom Pow was the best-selling song at the country's leading music retailer. Kings of Leon's Only by the Night was the best-selling album and also was named best album of the year.
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Daily Outlook - Dec 9

Refinancing Drives Mortgage Activity; Modest Expansion for Economy; Chrysler Will Take Short Term Losses
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Lane Garrison writing one from the Heart

Prison Break actor Lane Garrison, out of jail after serving time for vehicular manslaughter, is taking on a project about troubled teens and the redemptive power of football.
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Fed's Duke: toxic titles foiling housing recovery

The recovery of many U.S. low income areas remains stymied as lenders decide completing some foreclosures simply isn't worth the cost, casting many properties into legal limbo, Federal Reserve Governor Elizabeth Duke said on Wednesday.
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Fewer U.S. home sellers slicing prices: Trulia

Fewer U.S. home sellers are cutting asking prices as competing inventory shrinks and an extended buyer tax incentive lessens the urgency to sell, real estate website Trulia.com said on Wednesday.
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U.S. oversight panel chief: TARP not a slush fund

The Treasury must seek Congressional approval if it wants to funnel some of its $700 billion bailout fund to jobs programs that do not involve financial services firms as intermediaries, a key overseer said on Wednesday.
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Obama to extend bailout fund

The Obama administration plans to announce on Wednesday that it intends to extend the life of the $700 billion financial bailout fund until next October, administration officials said on Tuesday.

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